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Isracard directors prefer Delek bid
Delek Group (TASE: DELKG), controlled by Yitzhak Tshuva and managed by CEO Idan Wallace, is on the cusp of taking control of Israeli credit card company Isracard (TASE: ISCD). The battle between Delek, Menora Mivtashem…
Maiden, Kestrel to merge as publicly listed specialty programme group
Maiden Holdings and Kestrel Group have agreed to merge, which will help create a new publicly listed specialist software group. Subject to the agreed terms, Maiden's common shares will be converted into a security interest in shares in…
High street job losses climb to 170,000 amid rising tax burdens
The UK's struggling high streets have lost nearly 170,000 retail jobs this year - the biggest annual toll since pandemic lockdowns in 2020 - as stores face higher taxes, rising costs and weak consumer spending.
Figures from Altus…
Korea Backs Airport Design Amid Scrutiny of Wall’s Role in Crash
Breadcrumb linksBMN BusinessSouth Korean authorities have defended airport infrastructure at the site of the country's worst civilian air accident as questions grow about the role the concrete wall at the end of the runway played in the…
Wizz Air to resume Israel flights to 10 more destinations
The gradual return of foreign airlines to Israel is scheduled to accelerate on January 15 with the Hungarian low-cost airline Waze Air Flights will resume between Tel Aviv and 10 other destinations. Wizz Air returned to…
Dollar stands tall in 2024, propped up by cautious Fed, Trump trade
Written by Ankur Banerjee SINGAPORE (Reuters) - The dollar was strong on the last trading day of the year, poised for strong gains in 2024 against most currencies as investors brace for smaller U.S. interest rate cuts and the policies…
‘Poor maths skills’ blamed for rising benefits bill, says Santander UK boss
William Vereker, UK head of Santander Bank and a former business envoy under Theresa May, attributed Britain's high benefits bill and long-term unemployed to poor numeracy and poor understanding of financial basics.
Speaking…
Purpose Investments Inc. Announces 2024 Fourth Quarter Distributions for Purpose Specialty Lending…
Article contentTORONTO, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Purpose Investments Inc. To announce the fourth quarter 2024 distributions for the Specialized Purpose Lending Fund.Article contentAbout Purpose Investments Inc.Purpose Investments…
IVC-LeumiTech: Tech fund raising up 38% in 2024
Privately held Israeli technology companies raised $9.58 billion in 2024, up 38% from 2023, IVC-LeumiTech reports. The report is generally upbeat although fundraising was down 4% in the fourth quarter of 2024 from the…
S&P 500, Nasdaq, Dow slide as strong year nears its close
Stocks fell on Monday, as problems for the three major indexes continued into the final week of the year as a strong 2024 came to a close. The S&P 500 (^GSPC) fell more than 1% while the Nasdaq Composite (^IXIC) fell nearly 1.2%.…
